Lauren States Sells 308 Shares of Clean Harbors, Inc. (NYSE:CLH) Stock

Clean Harbors, Inc. (NYSE:CLH) Director Lauren States sold 308 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $245.06, for a total value of $75,478.48. Following the transaction, the director now directly owns 12,534 shares in the company, valued at approximately $3,071,582.04. This represents a 2.40 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Lauren States also recently made the following trade(s):

• On Friday, November 15th, Lauren States sold 308 shares of Clean Harbors stock. The shares were sold at an average price of $249.78, for a total value of $76,932.24.
• On Tuesday, October 15th, Lauren States sold 308 shares of Clean Harbors stock. The stock was sold at an average price of $260.74, for a total transaction of $80,307.92.

Clean Harbors Stock Performance

Shares of CLH stock opened at $235.05 on Thursday. Clean Harbors, Inc. has a 12-month low of $161.39 and a 12-month high of $267.11. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.10 and a quick ratio of 1.76. The firm has a market capitalization of $12.67 billion, a price-to-earnings ratio of 30.61 and a beta of 1.22. The business has a 50 day simple moving average of $251.71 and a 200 day simple moving average of $239.68.

Clean Harbors (NYSE:CLH) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.03). Clean Harbors had a return on equity of 17.51% and a net margin of 7.19%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the previous year, the company posted $1.68 EPS. The company’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, equities research analysts anticipate that Clean Harbors, Inc. will post 7.21 EPS for the current year.

Hedge Funds Weigh In On Clean Harbors

Institutional investors and hedge funds have recently bought and sold shares of the stock. Innealta Capital LLC acquired a new stake in shares of Clean Harbors in the 2nd quarter worth approximately $25,000. UMB Bank n.a. raised its holdings in Clean Harbors by 63.4% during the third quarter. UMB Bank n.a. now owns 214 shares of the business services provider’s stock worth $52,000 after purchasing an additional 83 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Clean Harbors in the second quarter worth approximately $56,000. Prospera Private Wealth LLC bought a new position in Clean Harbors during the 3rd quarter valued at $56,000. Finally, CENTRAL TRUST Co increased its position in shares of Clean Harbors by 161.6% during the 3rd quarter. CENTRAL TRUST Co now owns 259 shares of the business services provider’s stock valued at $63,000 after purchasing an additional 160 shares during the period. Institutional investors own 90.43% of the company’s stock.

Analyst Ratings Changes

CLH has been the topic of a number of recent research reports. Robert W. Baird reduced their price target on shares of Clean Harbors from $300.00 to $285.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Oppenheimer raised their target price on shares of Clean Harbors from $252.00 to $270.00 and gave the stock an “outperform” rating in a report on Monday, October 21st. Stifel Nicolaus lifted their target price on Clean Harbors from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Needham & Company LLC dropped their price target on Clean Harbors from $274.00 to $268.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Finally, TD Cowen began coverage on Clean Harbors in a research report on Friday, December 6th. They set a “buy” rating and a $325.00 price objective for the company. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $271.00.

About Clean Harbors

Clean Harbors, Inc provides environmental and industrial services in the United States and internationally. The company operates through two segments, Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste.